Today Robert W. Baird Maintains a “Hold” Rating on JB Hunt (NASDAQ:JBHT) and a $120.0 Target Price

April 20, 2018 - By Nellie Frank

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Logo

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.13, from 1.32 in 2017Q3. It is negative, as 41 investors sold J.B. Hunt Transport Services, Inc. shares while 120 reduced holdings. 57 funds opened positions while 134 raised stakes. 76.63 million shares or 0.74% more from 76.06 million shares in 2017Q3 were reported.

Public Employees Retirement Association Of Colorado reported 135,082 shares or 0.1% of all its holdings. 2,076 were reported by One Trading Lp. Mirae Asset Global reported 6,081 shares. Hartford Invest Mgmt Co has invested 0.04% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Stratos Wealth Limited holds 0% or 325 shares. Riverhead Limited Liability Co has 0.03% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Envestnet Asset Management, a Illinois-based fund reported 29,119 shares. 3,217 were reported by Da Davidson And. Gulf Savings Bank (Uk) Limited reported 27,597 shares or 0.04% of all its holdings. Kentucky Retirement Sys invested in 0.04% or 5,279 shares. 2,407 were reported by State Bank. Sumitomo Mitsui Hldgs holds 271,653 shares. Intrust National Bank Na reported 4,917 shares. State Of Tennessee Treasury Department accumulated 0.1% or 193,419 shares. Paradigm Asset Lc stated it has 1,500 shares or 0.05% of all its holdings.

Since October 27, 2017, it had 0 insider buys, and 3 insider sales for $13.90 million activity. 2,328 J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shares with value of $281,688 were sold by HUNT JOHNNIE B JR.

JB Hunt (NASDAQ:JBHT) Rating Reaffirmed

In a report revealed on Thursday, 28 December, The “Hold” rating of JB Hunt (NASDAQ:JBHT) shares was kept by Analysts at Robert W. Baird, who now has a $120.0 TP on the stock. Robert W. Baird’s TP indicates a possible upside of 0.35 % from the current price of the company.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.13, from 1.32 in 2017Q3. It is negative, as 41 investors sold J.B. Hunt Transport Services, Inc. shares while 120 reduced holdings. 57 funds opened positions while 134 raised stakes. 76.63 million shares or 0.74% more from 76.06 million shares in 2017Q3 were reported.

Public Employees Retirement Association Of Colorado reported 135,082 shares or 0.1% of all its holdings. 2,076 were reported by One Trading Lp. Mirae Asset Global reported 6,081 shares. Hartford Invest Mgmt Co has invested 0.04% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Stratos Wealth Limited holds 0% or 325 shares. Riverhead Limited Liability Co has 0.03% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Envestnet Asset Management, a Illinois-based fund reported 29,119 shares. 3,217 were reported by Da Davidson And. Gulf Savings Bank (Uk) Limited reported 27,597 shares or 0.04% of all its holdings. Kentucky Retirement Sys invested in 0.04% or 5,279 shares. 2,407 were reported by State Bank. Sumitomo Mitsui Hldgs holds 271,653 shares. Intrust National Bank Na reported 4,917 shares. State Of Tennessee Treasury Department accumulated 0.1% or 193,419 shares. Paradigm Asset Lc stated it has 1,500 shares or 0.05% of all its holdings.

Since October 27, 2017, it had 0 insider buys, and 3 insider sales for $13.90 million activity. 2,328 J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shares with value of $281,688 were sold by HUNT JOHNNIE B JR.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Ratings Coverage

Among 16 analysts covering JB Hunt (NASDAQ:JBHT), 7 have Buy rating, 1 Sell and 8 Hold. Therefore 44% are positive. JB Hunt has $150 highest and $100.0 lowest target. $125.44’s average target is 4.90% above currents $119.58 stock price. JB Hunt had 34 analyst reports since October 23, 2017 according to SRatingsIntel. The firm earned “Sell” rating on Tuesday, April 10 by Goldman Sachs. Deutsche Bank upgraded the shares of JBHT in report on Monday, April 2 to “Buy” rating. JP Morgan downgraded the shares of JBHT in report on Thursday, January 11 to “Neutral” rating. KeyBanc Capital Markets maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) rating on Thursday, December 28. KeyBanc Capital Markets has “Buy” rating and $125.0 target. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) earned “Sector Weight” rating by KeyBanc Capital Markets on Thursday, April 12. BMO Capital Markets maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Thursday, November 30 with “Hold” rating. BMO Capital Markets maintained it with “Hold” rating and $12700 target in Monday, April 16 report. The stock has “Outperform” rating by Credit Suisse on Tuesday, January 30. Stephens maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) rating on Friday, January 19. Stephens has “Buy” rating and $140.0 target. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, April 17.

The stock decreased 1.39% or $1.69 during the last trading session, reaching $119.58. About 541,289 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has risen 26.96% since April 20, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. The company has market cap of $13.12 billion. It operates through four divisions: Intermodal , Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). It has a 19.35 P/E ratio. The JBI segment offers intermodal freight solutions, such as origin and destination pickup, and delivery services.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Institutional Positions Chart

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